Franklin, Tenn.-based Community Health Systems announced it has received commitments for a new $750 million senior secured revolving credit facility and a new $750 million incremental term loan A facility.
The proceeds from both financing tools are expected to pay down existing debt and credit facilities, and the $1.5 billion in new financing will mature Oct. 25, 2016.
CHS CEO Wayne Smith Elected Chair of Federation of American Hospitals
Presenters: James Germano, MD, Joint Reconstruction SpecialistTim Tzimas, Innovative Sterilization Technologies
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